The brief
- EG Group delayed its IPO plans and is attracting takeover interest
- It had sought to raise about $1bn in New York at a $9bn valuation
- UN warns fuel subsidies could exceed $1 trillion as Iran war raises energy costs
- The Bond Rout Is Deepening Even as Oil Tankers Return to the Strait of Hormuz
- Govt warns Nayara, RIL-BP against fuel sales caps amid diesel curb reports
- Nayara says fuel supplies continue across 7,000-plus outlets
- Nobody is allowed to cap fuel sales: Petroleum Secretary